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On Thu, 22 Nov 2007 05:05:28 +0000, Larry wrote:
Gordon wrote in news:13k9trbq2l8gr10 : Crude price is based on the dollar. As the dollar falls, oil goes up. G Not for long. OPEC is looking for a more stable currency. As the dollar's value plummets, with OPEC countries holding vast piles of useless dollars losing their asses, it's pretty easy to understand why they want rid of it. The Amero will replace it. I think this devaluation is a scam to make the Amero easier to sell to the stupid masses....just like 9-11.... Larry It doesn't matter what the price is quoted in. It used to be Pounds Sterling, now it is dollars. tomorrow it might be gold. It is just a standard way to verbalize a value. When it comes to paying for it the payment can be made in any currency. If a broker asks for payment to be made in dinars or Euros, or whatever that is how the money gets paid over. Bruce-in-Bangkok (Note:remove underscores from address for reply) |
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